|Bid||141.76 x 800|
|Ask||141.83 x 800|
|Day's Range||141.46 - 143.16|
|52 Week Range||129.87 - 152.57|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Ameriprise (AMP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
On a next-12-month basis, Apollo Global Management’s (APO) PBV (price-to-book value ratio) stands at 6.01x, while the average of its peers stands at 2.37x, which represents its higher valuations.
Of the 12 analysts tracking Carlyle (CG) in April and May, four have recommended “strong buy,” five have recommended “buy,” and three have recommended “hold.” There have been no “sell” and “strong sell” recommendations.
In 1Q18, Carlyle’s (CG) investment solutions segment’s carry funds rose 4%, and its economic income rose YoY (year-over-year) from $12 million to $16 million. Its last-12-month economic income was $56 million. It had fee-related earnings of $8 million.
Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk has made amends with investors of his company after a poorly handled earnings call last week sent shares of the electric automaker tumbling. Musk bought 33,000 Tesla shares on Monday in a series of purchases that lifted his indirect ownership of Tesla to just under 33.64 million shares. […]
KKR's Q1 earnings reflect solid assets under management growth. Also, change in business structure cheered investors, leading a sharp rise in the company's shares.
More than 75 percent of shareholders voted against the company's executive compensation plan, thought the vote was nonbinding.
SEI Investments (SEIC) witnesses higher revenues along with growth in assets in Q1. However, rise in expenses remains a concern.
Of the 14 analysts covering The Blackstone Group (BX) in April 2018, seven have recommended “strong buy,” six have recommended “buy,” and one has recommended “hold.” There were no “sell” or “strong sell” recommendations.
The Blackstone Group (BX) has an NTM (next-12-month) price-to-book ratio of 3.5x, higher than peers’ average ratio of 3.1x. Competitors Ares Management (ARES), Brookfield Asset Management (BAM), and Ameriprise Financial (AMP) have NTM price-to-book ratios of 4.4x, 1.5x, and 3.3x, respectively. Blackstone may have a higher valuation due to its 1Q18 numbers exceeding analysts’ expectations and its AUM (assets under management) rising in 1Q18.
In 1Q18, The Blackstone Group’s (BX) Hedge Fund Solutions saw an inflow to its total AUM (assets under management) of $3.9 billion. During the same period, the BPS Composite witnessed a 1.3% gross return and a 1.1% net return amid market fluctuation. Hedge Fund Solutions’ total revenue fell 23% YoY (year-over-year) to $140.4 million from $182.2 million, and its principal investment income fell 94% YoY to $1 million from $17.6 million. The division’s performance revenue also fell YoY, to $15.2 million from $33.4 million.
Shares of Ameriprise Financial Inc. rose more than 3% late Monday after the company beat first-quarter earnings expectations and increased its dividend. Ameriprise said it earned $594 million, or $3.91 ...
On a per-share basis, the Minneapolis-based company said it had net income of $3.91. Earnings, adjusted for non-recurring gains, came to $3.70 per share. The results exceeded Wall Street expectations. ...
David Joy, Ameriprise Financial's chief market strategist, talks about the prospect of yields on benchmark U.S. treasuries hitting 3 percent. He speaks with Bloomberg's Julie Hyman on "Bloomberg Markets." ...
The AWM segment's performance is likely to aid Ameriprise's (AMP) Q1 results. Yet, the expectation of outflows in the AM segment might hurt.
Ameriprise Financial, Inc. (AMP) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front
A great investment for income investors with a long time horizon is in dividend-paying companies such as Hi-Crush Partners. Dividend stocks are a safe bet to increase your portfolio valueRead More...
Let’s talk about the popular Ameriprise Financial Inc (NYSE:AMP). The company’s shares saw significant share price volatility over the past couple of months on the NYSE, rising to the highsRead More...
Of the 12 analysts covering The Carlyle Group (CG) in April 2018, four have recommended “strong buy,” five have recommended “buy,” and three have recommended “hold.” In March 2018, four recommended “strong buy,” four recommended “buy,” and four recommended “hold.” In February 2018, four recommended “strong buy,” three recommended “buy,” and five recommended “hold.”
The Carlyle Group’s (CG) NTM (next-12-month) PE (price-to-earnings) ratio is 7.7x, lower than competitors’ average of 9.6x. Peers Ameriprise Financial (AMP), Ares Management (ARES), and KKR (KKR) have NTM PE ratios of 9.5x, 11.4x, and 7.9x, respectively.
David Ellis of Morningstar says the new AMP chairman Mike Wilkins' focus will likely be on finding an appropriate replacement CEO for the company.
Apr.19 -- Bloomberg's Adam Haigh reports on AMP Ltd. Chief Executive Officer Craig Meller stepping down. Haigh speaks with Haidi Lun and Rishaad Salamat on "Bloomberg Markets."
Current hearings on Australia's banking system could raise some concerns, particularly on financial advisors, but are unlikely to dent performance prospects in the longer-term, says David Ellis of Morningstar.